Covid isolation is negatively impacting the elderly.

Been visiting my 85 y.o. father-in-law this week. A month ago he fell and broke his hip, had surgery the week before Thanksgiving. Was ornery post-surgery and making slow progress on recovery. His only contact has been with
my mother-in-law and the in-home nurse/aide. He's been sleeping in a hospital bed downstairs in what used to be the living room. He was spending too much time in the bed and in his wheelchair and grouchy. He wants to be in FL and is mad that he isn't. He's mad that he fell.
All perfectly normal and understandable. We show up two days ago, one week after he got home from the hospital. At first he was listless and uncomfortable we were there. We moved the furniture around that was piled up to make room for the bed and other medical equipment.
Basically returned his den to close to normal historic conditions: TV back in place, sitting areas for people to hang out and live. Picked him right up. Two hours after, he was standing himself up without the aide's help, and pushing his walker faster than Carl Lewis.
We go back to hotel for the evening. Got there yesterday morning late and mother-in-law says for the first time since he's been home he walked himself to the kitchen table for breakfast and was doing exercises aggressively. Chatty. Like he used to be.
He wanted to see us. That's it. It changed his disposition and attitude. We wore masks the whole time even though we had ourselves tested three days prior and lived in isolation for the three days before our departure. No contact with others.
Point being we didn't need some idiot governor telling us what to do. Or the mask police. This was our plan executed our way. Had we lived in a normal state with a real governor, like FL, we would have done the same thing. Most COVID transmissions are inter-familial.
And so would most of you. Why don't you let us manage our own lockdowns, huh gov? Stop with the stupid capacity restrictions of restaurants and 10 pm curfews. Let each of decide how we want to live, and who we want to see, when we want, not you. People need human contact.

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More from @cppinvest

14 Nov
1/ For you youngsters that are unfamiliar with the inner workings of our business, let me translate this. All public registered vehicles are required to have a distributor by statute. Your distributor handles your broker dealer relationships (managing the various platform
2/ requirements and regulatory compliance), and they oversee your factsheets and public communications (as does internal compliance). For that, most statutory distributor relations cost between 5-10 basis points per year. Kelso/Resolute was Ark's distributor.
3/ In addition, many firms also hire distributors or third-party marketing firms to push their products through the broker dealer channel. It used to require a pretty heavy monthly retainer plus a portion of the management fee as compensation. Howevah. . .
Read 13 tweets
14 Nov
1/ Here’s an interesting Covid dilemma brought to you by the fucking idiots in local government that can’t think their way out of a paper bag:

85 year old man falls and breaks hip and requires surgery. Leaving aside for the moment the limited to non-existent visiting hours and
2/ the issue that creates (ask any doctor what the typical elderly reaction is to post surgery anesthesia recovery and how being around familiar faces helps), family of said 85 year old is now faced with a dilemma.

What’s the rehab plan?
3/ Normal course would be some time in a rehab facility immediately after to insure physical therapy is maximized and supervised by pros. However, because of nonsensical and draconian reactions to all things Covid, in NY if a congregate care facility is struck by a single case
Read 6 tweets
11 Nov
1/ I just listened to a fascinating call arranged by our friends @TweetMacro with John Fund, the Wall Street Journal columnist and author of books on voter fraud. Here’s the punch line: there was undoubtedly fraud in this presidential election but not enough to move the needle.
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3/ So Trump needs to run the process through to the December meeting of the electoral college, and then concede. But, that doesn’t change Fund’s other important point: we spend too much time on who is in office and not enough on how they got there.
Read 22 tweets
8 Nov
1/ Last week The Second Biggest Idiot to Occupy a State House (BIOSH2) mandated that all MA residents MUST wear a mask at all times when outside the home, else one risks getting fined $300. You’re probably sitting there wondering, “how stupid can he be?” Allow me to show you.
2/ In the past two weeks, we’ve had 16,000 positive cases and 164,000 total since The Worst Plague of All Time graced our shores. BIOSH2 probably looks at this chart and says: “How many dumb conclusions can I draw from it?”
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10 Sep
1/ Why I Hate Lawyers

with apologies to all you lawyers.

Back in the day there were really just two big off-the-shelf Order Management Systems (OMS) that most mid-sized shops used. Big firms often have their own customized solution. We used one of the two big ones.
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14 Aug
13 F's out. That's F for Fraud.

Here's page 1. Lots of sellers. Some updates not filed yet (they have until tomorrow). Baron bought 1,800. Big of him. Jennison unloading 450k. Citadel has not yet filed. That's options related shares. Image
Page 2. T Rowe a big seller again. Whale Rock is a Boston hedge fund, ex-Fidelity. Advisor Group is a new holder. Here are their top holdings. ImageImageImage
Page 3. DE Shaw playing the same momentum game as Renaissance. Image
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